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rupert murdoch with tough questions later today, outraged over a string of allegations reporters for the paper hacked mobile phones to get scoops. murdoch's apologized. much more on the story justice ahead on "world business today." one of the first journal itss who exposed phone hacking by "news of the world" has been found dead. sean ward said andy coulson hacked into phones. police are not treating the death as suspicious. >>> a u.s. official says a meeting between the u.s. and libya at the weekend was meant to deliver one message, that moammar gadhafi must go. libya called the face-to-face talks in tunisia a first step. the u.s. says the meeting was a one-off event. >>> the women's world cup team soaked up the limelight after bringing japan its first cup title. japan's the first asian nation with a world cup championship. those are the headlines. auto' jane verjee at cnn in london. "world business today" starts now. >> a very good afternoon to you from cnn hong kong, i'm alicia tank. >> good morning from cnn london. you're watching "world business today." time to testify, new
.k. phone hacking scandal. i'm kiran chetry. in just hours, rupert murdoch will face parliament. we're live in london. >> no break in the debt ceiling talks but the white house insists that backstage progress is being made to reach a deal before the august 2nd default deadline on this "american morning." >>> good morning to you. thank you for being with us. 6:00 a.m. in new york this morning. tuesday, july 19th. i was hearing that in parts of iowa the heat index felt like 130 yesterday. it's been brutal out there. >> even this morning on the east coast, it felt different. it felt hotter. we'll be covering that. >>> we're watching that and millions are watching with a worldwide media empire hanging in the balance rupert murdoch is just hours away from facing his defining moment. in less than four hours, murdoch, his son and former top newspaper executive will appear before the british parliament. >> they will be asked what they knew about this phone hacking scandal that's growing wider by the day. it's threatening to take down news corp and perhaps murdoch himself. >> and the question is wha
option. >> dr. gupta, appreciate your insights. >> thanks, john. >>> and later rupert murdoch said he's the best person to clean up the bribery and hacking scandal engulfing his british newspapers. members of the american postal worker's union handle more than 165 billion letters and packages a year. that's about 34 million pounds of mail every day. ever wonder what this costs you as a taxpayer? millions? tens of millions? hundreds of millions? not a single cent. the united states postal service doesn't run on your tax dollars. it's funded solely by stamps and postage. brought to you by the men and women of the american postal worker's union. >> announcer: this past year alone there's been a 67% spike in companies embracing the cloud-- big clouds, small ones, public, private, even hybrid. your data and apps must move easily and securely to reach many clouds, not just one. that's why the network that connects, protects, and lets your data move fearlessly through the clouds means more than ever. >>> welcome back. here's the latest new you need to know right now. the fbi's arrested 16 pe
>>> rupert murdoch says the phone hacking scandal is not ultimately his fault. this hour, the rivetting testimony about the broken trust, the shattered ethics and those who should pay for alleged crimes. stand by. hackers say they turned the tables on murdoch's company, tap into internal e-mail and other corporate secrets. they're threatening to go public with what they found. and president obama embraces a bipartisan compromise that could potentially, at least, be a way out of looming debt crisis. he's urging house republicans not to waste their time on a symbolic vote due to happen very soon. i'm woft blitzer here in "the situation room." >> rupert murdoch says this is the most humble day of his life. a titan of news business, he was called on the carpet before the british parliament today over the phone hacking scandal that shocked and afalled the world. along with a son and former chief executive, murdoch was hammered with questions about alleged crimes that brought down his popular tabloid, "the news of the world." >> we felt ashamed of what had happened and wanted t
of these -- it came clear from the first couple of questions to you, rupert murdoch, that you've been kept in the dark quite a bit on some of these. is there no -- >> nobody kept me in the dark. i may have been lax in not asking more, but it was such a tiny part of our business. >> i understand that. obviously, it has come to that point, you wouldn't be here if it wasn't extremely serious. >> i'm extremely serious. >> is there no written rules that certain things have to be reported straight to the very t top? >> yes. anything that's seen as a crisis comes to me. >> mr. cain, may i? i think it's important to know there's a difference between being kept in a dark and a company that's a large company, the management of which is delegated to managers of different companies within the group and so on and so forth. i think to suggest that my father or myself were kept in the dark is a different thing from saying that actually the management and the running of these businesses is often delegated either to the chief executive of a different company or an editor or managing editor and decision-making has to b
criticized for their ties to news corp. chairman rupert murdoch and the people who run his london media operation. >> the public expects is not petty political point scoring but a -- what they want, what they deserve is concerted action to rise to the level of events and pledge to work together to sort this issue out once and for all. and it is in that spirit that i commend this statement to the house. >> in this country, a new debt ceiling compromise seems to be getting traction in washington. six senators, three republicans, and three democrats are offering a plan to cut the nation's debt by about $3.7 trillion over the next decade. it includes spending cuts and about a trillion dollars in new tax revenue. republicans have insisted on deep cuts and no tax increases before they'll agree to raise the country's borrowing limit. that debt ceiling deds line is now just 13 days away. minnesota's three-week government shutdown is over. democratic governor park dayton signed a budget bill today. he and republican lawmakers finally agreed to use accounting gimmicks to close the state's $5 bill
. >>> two weeks before the united states may plunge into financial crisis. plu, media mogul rupert murdoch is just hours away from being grilled and lambasteds by british law makers and now a whistleblower in the growing phone hackl scandal reportedly is dead. and a 77-year-old man defends his home and family from an intruder with a gun. stand by for the dramatic story. that's even more compelling because -- get this -- he's a member of the united states congress. i'm wolf blitzer. you're in "the situation room." >>> the u.s. defaulting on its debt for the first time in history? we can't state it enough, this has enormous consequences for all of us, and time is quickly running out to prevent what the president calls armageddon. let's check in with kate baldwin. she's standing by with the latest. where do the negotiations stand right now? >> the two top republicans in the house. no official readout from the white house, but president obama says we are making progress when asked today by reporters how the debt talks were going when he was leaving an event in the rose garden. on the part of s
to the "news of the world" and "the sun" was a part of it. >> thank you. >> miss brooks, rupert murdoch in his evidence session said quite clearly that the responsibility for the closure of "news of the world" lay fairly and squarely with senior management of that paper, which i assume that includes you. is that the case? >> i think -- i think i may have missed that part of the evidence. i think mr. murdoch said it exactly how it was, that it was a collective decision. we all talked together. mr. murdoch was abroad at the time at a conference. we all talked together -- >> is that mr. murdoch senior? >> sorry, yes, rupert murdoch. yes. >> you wanted to say something else? >> no. sorry. >> when you were advising your staff that the paper was closing, during the private session, i think you said something like there was more to come. would you like to expand on what you meant by that? >> when i went down to the newsroom, to explain the decision, clearly and quite rightly, the journalists on the "news of the world" who very honorable journalists who have been putting out a newspaper under the scru
want to get back to our top story, in-depth look into the phone hacking scandal at rupert murdoch's news corp. matthew, first to sean hoare's death, not suspicious, that's what police say, but certainly a strange turn of ooenchevents. >> another bizarre twist. sean hoare, one of the main whistle blowers, first journalist to go on record to accuse andy coulson, former editor of "news of the world" and former director for david cameron, not just knowing about the phone tapping that he alleges went but condoning it and encouraging it. he appeared in the press with more controversy. saying that they had access to sensitive police technology for cash payments, by using what's called pinging to pinpoint through mobile phone signals, the whereabouts of people they wanted to track down. that was another scandal he blew the whistle on, a few moments before he was found dead. we don't know the exact reason for his death at this point. there will be an autopsy i suspect. another twist in the ongoing saga. >> by the time we finish the segment on the show, things could have changed already. t
an extraordinary grilling. rupert murdoch will come face-to-face with outraged members of the britt parliament. they are supposed to hammer him and his allies on a empire destroying jobs and careers and now raising new questions about his company's conduct right here in the united states. bribery, hacking, corruption of power. lawmakers say the allegations are not about just sleazy journalism, about the power of an empire that has gone largely unchallenged, before now. it's 9:00 a.m. on the east coast and 6:00 a.m. on the west coast. thanks for joining us. >>> here are other stories we will take a look. another step in the nation's debt crisis but not any closer to a final deal. the house will vote on a republican measure but the president says he won't even consider it. the government deadline remains august 2nd before it runs out of money. >>> the space shuttle "atlantis" on its way home. this morning, it did undock from the international space station and began the final voyage in the program's 30-year-old history. >>> now back to the murdoch media scandal and the players who will appear be
after rupert murdoch tried to repel the british assault on his empire, it's the prime minister's turn to face parliament. david cameron tainted by claims that he was too cozy with the media giant and drew raucous responses in his appearance before the special session. >> what is the public expects is not petty political point scoring but a -- what -- what they want, what they deserve is concerted action to rise to the level of events and pledge to work together to sort this issue out once and for all and it is in that spirit that i commend this statement to the house! >> across great britain, public and political outrage has been boiling over claims of police bribery, phone hacking and a heartless abuse of power. james and rupert murdoch walked into parliament knowing that they had to tamp down some of that public anger so did they succeed some atika shubert is in london now. what are the people saying on the streets, atika? >> reporter: well, the remark that most people are really focused on is one of the mps, tom watson really grilled rupert murdoch and bluntly asked him do you thin
. rupert murdoch tells parliament he's not responsible for the phone hacking debacle that tarnished his media umpire. some of his staff staffers are punching back. >>> an angry president obama said the debt talks collapsed on friday right after "the new york times" said the two sides were close to a deal. is the president being spun in this budget brinksmanship which continues today. an online report about michele bachmann suffering from frequent migraines become as headache for her campaign. would that story be written about a man? >> yank uighar quits because he says the network told him to tone it down. he'll be here and he won't be toning it down. this is "reliable sources." >>> he looked well, 80 years old as he sat in the witness chair and hall tingly answered the questions. rupert murdoch says he runs a big company and couldn't be expected to know the details of illegal conduct at one london tabloid or precisely how it was covered up. the chief executive of news corp. went out of his way to down play his influence. >> sometimes i would say to keep in touch. i edit "the sunday tim
. they can't force rupert and james murdoch to appear but they can force rebecca brooks to appear. if she continues to refuse to respond, issue a summons to her, they receiptcally they could send their security apparatus of the house behind me down to actually force her, you know, arrest her effectively to come along. >> all right. dan rivers for us. thanks so much. we will continue to follow this, of course, every day, new development and more troubling development. >>> still to come this morning, high ask dry. first lost their paychecks and now there may not be any beer to help pass the time during the government shutdown in minnesota. >> that's the part -- no beer. >> big problem. a lot of beer that won't be on the shelves. >>> the president's right-hand man on jobs. jeffrey immelt talks about how they plan to get america working again unchlgth fire under fire. >> gunfire all around us. we are rushing out of this area. with dha and essential nutrients also found in mother's milk. purina puppy chow. right now, go to priceline for a sneak peek at recent winning and better than ever! hote
. rupert and james murdoch, the father and son team in this. after their testimony yesterday no matter what we thought of it, news corp. stock rose almost 60%. did they dodge a bullet? >> not necessarily. a number of reasons stock may go up. one may be that you think rupert looked so unwell, so old that even a page said age of the issue. actually the cooperate governance may get better. >> he didn't look very strong there. there were these weird contractions that happened. in one breath he said i couldn't know what was going on with me employees. then someone else said could it happen 9/11? then he said no that couldn't. how did you know? >> we didn't know bin laden was there or we knew and didn't do anything about it. you can't have it both ways. >> exactly. let's turn to david cameron. is the worst behind him? >> certainly not. because we've got a whole year's worth of judicial inquiry. all of which will keep this alive. then we've also got the police investigation. 8,000 people were hacked. all of those are -- >> we've only heard about 100. >> 170 have been hacked so far. we don't know y
as the son of rupert murdoch comes under scrutiny. scotland yard was urged to open a criminal investigation into claims that the news corp. lied to parliament. this after a day of two former employees accused murdoch of giving mistaken evidence. he was the one hammering away at both murdochs about what they knew and when they knew it, and tom watson joins us from london. thank you so much for being here. you say this is the most significant moment in two years of phone hacking investigations, and it all centers on an e-mail involving an ex-news of the world reporter. explain. >> yes, the significance of this is the top team of news of the world are fragmenting. for the former lawyer to accuse murdoch of misleading parliament is serious in itself, and if he is accurate, and james murdoch disputes it, but if the lawyer is accurate it shows that james murdoch knew there was other criminal wrong doing in 2008, and failed to report it to the police, and he also settled a case with a crime victim that came with a con ffidentiality clause, and he could have been buying silence, which in this count
up to speed for this tuesday, july 12th. >>> calling rupert murdoch to testify about the growing scandal that's engulfed his newsnews empire. senior executives will appear. and parliament also summoned murdoch's son james and former "news of the world" editor rebecca brooks. >>> in london today, the parents of murdered teen milly met political leaders in parliament. salley and bob say the phone hacking investigation nuft look at politician's ties to the media, and dowlers say it fueled this. they were given false hope she was alive. it led to other disclosures of hacking or hacking attempts that reached all the way to the royal throne. >>> well, stocks are treading water today. the dow chips have been moving between positive and negative territory all morning. the dow jones down about 16 points or so. investors are perhaps taking a breather on negotiations over the debt ceiling playing out in washington. >>> president obama says there's a groundhog day feeling at the white house. he and congressional leaders immediate again today to work on a deal to raise the nation's borrowing
, james sar ville. thanks coach. you can follow me on twiting @ sanjay goop tachlt up next rupert murdoch in the hot seat. his phone hacking scandal is only part of the story. a three-ring sir cuss attackeded it as well as piers morgan and his stinging counter punch. later japan's nuclear disaster, another credibility gap getting even wider. just a week ago the government said beef from nearby areas was safe in small portions. now it's saying don't even take a bite. we'll have details shortly. first up check in with isha sesay. >> a stunning revelation in the casey anthony story. the 84 internet searches for chloroform she allegedly made? turns out the real number might be just one. says who? and what about the prosecution's duty to tell the defense? answers coming up when 360 continues. can be even more pow, with precise pain relieving cream. it blocks pain signals fast for relief precisely where you need it most. precise. only from the makers of tylenol. precise. i don't know. the usual? [ blower whirring ] sometimes it pays to switch things up. my - what, my hair? no. car insurance. i
empire. will rupert murdoch keep his crown? we'll discuss that later. now back to the top story, the partisan gamesmanship ramping up in debt ceiling talks. did they accomplish anything tonight? >> i wish i had a different answer than i had last night but again no breakthroughs today. i'll tell you that going into today's meeting the prospects from the perspective of capital reaching a deal, the prospects really seemed grim today. both sides hardening in their positions. inside the white house, inside this meeting, we are told by eric cantor as he returned to the capital following a meet, inside this meeting, the president laid out in further detail his plan for entitlement reforms, that eric cantor, the number two republican in the house, that he said the republicans could actually support, but here's the big "but" unfortunately, but they're still not budging on the issue of taxes. and democrats are insisting on new revenue, on tax revenue. so hence why i say no breakthroughs again today. another thing discussed in this meeting was this new proposal being pitched out there by t
in the closet for now. then, rupert murdoch's son in the hot seat. >> what i knew at the time -- >> what did jam know and when did he know it? meantime, mrs. rupert murdoch is in the pink. she wept from trophy wife to a venking angel. a fascinating look at crouching wendy, hidden tiger. >> let's get to washington. there is a crash in a late friday afternoon. our chief white house correspondent is there. and we have kate baldwin on capitol hill. jessica, let me start with you. we've seen this type of thing out of washington. rarely this pointed. how much of this is political theater? how much of this is the real deal? >> reporter: well, at this point it's the real deal. a deal has to get done tonight. we saw the president at his most frustrated in the debt negotiations. and he said that if this does not get done, congress has inflicted a self-inflicted wound. we were told when the president receives the calls saying this deal is off, i was surprising news here. they felt that they had come incredibly close and offered what they thought was a generous deal with $3.5 to $4 trillion yet on the table
will questioned after rupert and james murdoch. it will be the first time we hear rupert marurdoch questione about the affair. there will be no hiding tomorrow. the spotlight will be firmly on him. >> what can we expect, do we think, the murdochs to say tomorrow? do you expect any big surprises? >> reporter: well, the whole party line, if you like, has been we didn't know what was going on, and we had no idea about the extent of illegal activities. i think they will be requesting closely about come on, guys, there was money being written out to the detectives doing some of the illegal work, and you were signing the checks, didn't you have any idea this was going on? that will be difficult for them. if they say they didn't know, that is incompetent, and then if they did, then that is something else, and i think they will have a tough time. >> dan rivers in london for us. thank you. robert and james murdoch and rebekah brooks are scheduled to be questioned by parliament tomorrow. >>> and then we will bring you an announcement as soon as it happens from president obama. >>> and hugs all around for th
higher ahead of the held in an hour. strong numbers on china pushing world markets higher. rupert murdoch's media empire take ago hit after the phone hacking scandal at "news of the world." the company include the fox television network and the "the wall street journal" here at home. >>> netflix is hiking prices by 60% who want to keep the mail and the streaming options. the company focuses on its streaming business and way from its dvd mailings. >>> coming up next, reports that the cia may be operating on a secret base in somalia. our question of the day. e-mail us, give us a tweet, tell (screams) when an investment lacks discipline, it's never this obvious. introducing investment discipline etfs from russell. visit russelletfs.com r a prospectus, containing the investment objectives, risks, charges, expenses and other information. read and consider it carefully before investing. is it the new forty, i don't know. i probably feel about thirty. how is it that we don't act our age? [ marcie ] you keep us young. [ kurt ] we were having too much fun we weren't thinking about a will at that t
Search Results 0 to 21 of about 22 (some duplicates have been removed)